Extension of Katrina/Rita prescription constitutional, says LSC

Justice Traylor, for a unanimous court, writes, "We exercise our supervisory authority in an expedited manner to determine whether Acts 2006, Nos. 739 and 802, which extend the prescriptive period under which certain insurance claims arising from Hurricanes Katrina and Rita may be filed and which may alter the insurance contractual provisions regarding the time period in which to bring a claim, are constitutional. After review of the relevant state and federal law, we find that the legislative acts at issue are constitutional." State v. All Property and Casualty Insurers Authorized and Licensed to Do Business in the State of Louisiana, No. 2006-CD-2030 (La. 8/25/06).

Posted by RPW at August 25, 2006 06:51 PM